Senior Treasury Advisor

Diamondback Energy • Oklahoma City, OK

6d

About The Position

The Senior Advisor, Treasury is responsible for overseeing and executing key treasury operations, including cash management, banking activities, and financial controls. This role ensures the effective administration of company cash flows, supports compliance with internal controls, and partners with internal stakeholders and external banking institutions to support business operations.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field
• 15+ years of experience in treasury, accounting, or financial operations
• Experience with ERP systems (SAP preferred) and treasury/banking platforms
• Strong understanding of cash management, banking operations, and financial controls
• Experience with treasury systems and platforms (e.g., SAP, bank portals, BlackLine)
• Knowledge of SOX compliance and internal control frameworks
• Proficiency in Excel and financial analysis tools

Nice To Haves

• Oil & gas industry experience preferred
• Strong analytical and problem-solving skills
• Attention to detail and control-oriented mindset
• Ability to manage multiple priorities in a deadline-driven environment
• Effective, executive-level communication and cross-functional coordination
• Ownership mentality with ability to work independently

Responsibilities

• Manage daily liquidity, including credit facilities, cash transfers, investments, and funding activities across multiple entities
• Oversee processing and reconciliation of treasury transactions within SAP and related systems
• Maintain and manage banking relationships, including account administration, KYC compliance, and issue resolution
• Coordinate and execute new bank account setups with executive leadership and key stakeholders
• Support debt activities and liquidity planning aligned with corporate financing strategies
• Ensure compliance with SOX controls, including documentation, testing support, and audit coordination
• Lead or support treasury-related system initiatives (SAP, banking platforms, payment systems) and maintain system access controls
• Partner cross-functionally with Accounting, Finance, Legal, IT, Land, and others to resolve issues and improve processes
• Monitor and manage counterparty credit risk, including exposure tracking and oversight of credit-related documentation (guarantees, LOCs, etc.)
• Support strategic initiatives, including automation/AI optimization within treasury and development of a commercial paper program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior